The Americas Inorganic Refrigerants Market is estimated to grow to $71.6 million by 2018 - New Report by MicroMarket Monitor

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The Americas Inorganic Refrigerants Market is estimated to grow to $71.6 million by 2018 at a CAGR of 6.3% from 2013 to 2018, as demand from the consumer durables and automotive sector is growing rapidly http://www.micromarketmonitor.com/market/americas-inorganic-refrigerants-4191654241.html

MicroMarket Monitor

MicroMarket Monitor

Key Players in the Americas Inorganic Refrigerants Market are Airgas Inc., Arkema S.A., Asahi Glass Co., Ltd., DuPont, Daikin Industries, Ltd., Honeywell International

The Americas Inorganic Refrigerants Market report defines and segments the inorganic refrigerants market in Americas with analysis and forecast of revenue.

Browse through the TOC of the Americas Inorganic Refrigerants Market report, to get an idea of the in-depth analysis provided. This also provides a glimpse of the segmentation in the Americas inorganic refrigerants market, and is supported by various tables and figures.

http://www.micromarketmonitor.com/market/americas-inorganic-refrigerants-4191654241.html

Inorganic refrigerants consist of inorganic compounds which do not contain a carbon-hydrogen bond, and are used primarily as refrigerants, such as R718, R717, and R744. Majority of these refrigerants are non-toxic, environment friendly, inexpensive & non-flammable. R717 is preferred for the food industry. The use of refrigerants such as ammonia is phasing out as it results into harmful and undesirable effects, causing ozone depletion and climate change. The Americas have always been a strong market and is the second-largest market after Asia Pacific, for inorganic refrigerants.

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Key countries in the Americas inorganic refrigerants market include the U.S., Brazil, and Canada, where in North America, the U.S. is the most dominant. Globally, the U.S. is one of the leading producers and consumers of inorganic refrigerants. Since, the use of refrigerants was earlier restricted in the U.S., the refrigerant consumption was very low. The growth of inorganic refrigerants in this sector is mainly due to the increasing growth in frozen food and beverage consumption. Canada is a very small market for inorganic refrigerants; however, the use of ammonia, which is used in various applications as a refrigerant, has harmful effects.

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The report covers the Americas inorganic refrigerants market which is segmented on the basis of application and geography. In the Americas region, it is applied in chiller and hydronic heat pumps, commercial refrigeration, domestic refrigeration, industrial refrigeration, mobile air conditioners, stationary air conditioners, and transportation refrigeration.

Related Reports :

Europe Inorganic Refrigerants Market

The refrigerants market is experiencing high growth due to increased demand for cooling products such as refrigerators and air conditioners. However, the economic downturn in 2007-2009 severely hit the European refrigerants market with rising fuel prices affecting overall growth rate of this market. Europe’s inorganic refrigerants market was valued at $43.53 million in 2013 and is estimated to reach $46.36 million by 2019.

Inorganic refrigerants consist of inorganic compounds (which do not contain a carbon-hydrogen bond) used primarily as refrigerants, such as R718, R717, and R744. Majority of these refrigerants are non-toxic and environment friendly, inexpensive, and non-flammable. They are mainly used in industrial applications.

The report, ‘Europe Inorganic Refrigerants Market’ analyzes the inorganic refrigerants market by type with respect to three major types: ammonia, carbon dioxide, and water. All these types of refrigerants have experienced growth in the market until 2012, and this trend is expected to continue in the coming years. With a market value of $34.47 million, ammonia has been contributing the maximum share towards the inorganic refrigerants industry in this region. The market for water is expected to witness high growth in the region and will grow at a projected CAGR of 9.3% between 2014 and 2019.

http://www.micromarketmonitor.com/market/europe-inorganic-refrigerants-6877647149.html

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MicroMarket Monitor identifies and attends to various unmet needs of different industrial verticals, which include value chain impact analysis. The company publishes about 12000 Market Research Reports on various Micro Markets across the world. The graphical nature and multidimensional analysis of these reports provide advanced Business Intelligence Tools to the clients in that particular target market.

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